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OMB APPROVAL
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OMB Number:3235-0145
Expires: December 31, 1997
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
United Water Resources Inc.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
0009131901
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(CUSIP Number)
Joseph V. Boyle
Lyonnaise American Holding, Inc.
2000 First State Boulevard
Wilmington, Delaware 19804-0508
with a copy to:
Piper & Marbury L.L.P.
1251 Avenue of the Americas
New York, New York 10020-1104
Attention: Garry P. McCormack, Esq.
(212) 835-6210
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
April 22, 1997
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.
Check the following box if a fee is being paid with the statement |_|. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SEC 1746 (12-91)
<PAGE>
SCHEDULE 13D
CUSIP No. 0009131901 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lyonnaise American Holding, Inc.
IRS Identification No. 36-3140269
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC; OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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--------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 9,935,570.25
--------------------------------------------------------------
--------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
--------------------------------------------------------------
--------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 9,935,570.25
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--------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,935,570.25
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.1%
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14 TYPE OF REPORTING PERSON
HC; CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1--7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 0009131901 Page 3 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lyonnaise des Eaux
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC; OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
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7 SOLE VOTING POWER
NUMBER OF 9,935,570.25
--------------------------------------------------------------
--------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
--------------------------------------------------------------
--------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 9,935,570.25
--------------------------------------------------------------
--------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,935,570.25
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.1%
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14 TYPE OF REPORTING PERSON
HC; CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1--7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
Page 4 of 6 Pages
SCHEDULE 13D
This Amendment No. 4, dated May 5, 1997, amends and supplements the
Statement on Schedule 13D, dated November 30, 1990, as amended and supplemented
by Amendment no. 1, Amendment no. 2 and Amendment no. 3 thereto, filed by
Lyonnaise American Holding, Inc., a Delaware corporation ("LAH"), and Lyonnaise
des Eaux, a French societe anonyme ("Lyonnaise"), with respect to the common
stock, par value $0.01 per share, of United Water Resources Inc., a New Jersey
corporation (the "Issuer"). Unless otherwise defined, all capitalized terms used
herein shall have the meanings ascribed to them in the Schedule 13D.
Item 3 of this Schedule 13D is hereby amended and supplemented as follows:
Item 3. Source and Amount of Funds.
LAH purchased additional shares of Common Stock by reinvesting cash
dividends paid by the Issuer on the Common Stock pursuant to the Issuer's
Dividend Reinvestment and Stock Purchase Plan ("DRIP"), as follows:
Dollar No.of Shares of Price
Date Amount Reinvested Common Stock Acquired Per Share
June 3, 1996 2,087,366.10 160,566.6231 13.00
September 3, 1996 2,124,296.42 140,915.1854 15.075
December 1, 1996 2,156,706.91 138,694.9781 15.55
March 1, 1997 2,228,708.08 123,388.6827 18.0625
On April 22, 1997, LAH converted 355,802 shares of Preference Stock into
296,500 shares of Common Stock at the conversion ratio of .83333 shares of
Common Stock for each share of Preference Stock. No funds were paid by LAH to
effect the conversion of such shares of Preference Stock.
Item 5(a) of this Schedule 13D is hereby deleted in its entirety and
replaced with the following:
Item 5. Interest in Securities of the Issuer.
(a) The aggregate number of shares of Common Stock owned by LAH is
9,935,570.25. The Issuer has advised LAH that as of April 22, 1997 there were
35,373,060 shares of Common Stock issued and outstanding after giving effect to
the issuance to LAH on April 22, 1997 of 296,500 shares of Common Stock upon
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Page 5 of 6 Pages
conversion of 355,802 shares of Preference Stock. Consequently, LAH currently
owns 28.1% of the outstanding Common Stock. Lyonnaise, through its 100%
ownership of LAH, may also be deemed to be the beneficial owner of such
9,935,570.25 shares of Common Stock.
Mr. Jacques F. Petry, Vice President of LAH, owns directly 114.13 shares
of Common Stock. Mr. Thierry Bourbie, President-Water Division of Lyonnaise,
owns directly 114.13 shares of Common Stock. Mr. George F. Keane, Director of
the Issuer and Chairman of Trigen Energy Corporation, an affiliate of Lyonnaise,
owns directly 1,000 shares of Common Stock. Mr. Joseph V. Boyle, Vice
President-Finance of LAH, owns 1,001.49 shares of Common Stock, of which 287.17
shares of Common Stock are owned directly and 714.32 shares of Common Stock are
owned through the Issuer's 401(k) plan, and holds directly stock options to
purchase an aggregate of 12,850 shares of Common Stock at an exercise price per
share that is below the current market price for the Common Stock. In addition,
subject to shareholder approval, Mr. Boyle has been granted additional stock
options to purchase an aggregate of 7,580 shares of Common Stock at an exercise
price per share that is below the current market price for the Common Stock.
To the knowledge of LAH and Lyonnaise, no other executive officers or
directors of LAH or Lyonnaise beneficially own any shares of Common Stock.
<PAGE>
Page 6 of 6 Pages
Signature.
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: May 5, 1997
LYONNAISE AMERICAN HOLDING, INC.
By: /s/ Joseph V. Boyle
Name: Joseph V. Boyle
Title: Vice President - Finance
LYONNAISE DES EAUX
By: /s/ Jean-Michel Brault
Name: Jean-Michel Brault
Title: Vice President
